Seiko Epson Corporation (TSE:6724) announces a share repurchase program. Under the program, the company will repurchase up to 17,000,000 shares, representing 5.12% of its total shares outstanding excluding treasury shares, for a total of ¥30,000 million. The purpose of repurchase program is to improve capital efficiency and return profits to shareholders.

The repurchase program is valid till March 31, 2025. As of March 31, 2024, the company had 331,732,536 shares outstanding excluding treasury shares and had 53,289,742 shares in treasury.